Japan Post Bank plans to start in-house investments in stocks in the second half of 2016, according to Katsunori Sago, the bank’s vice president in charge of asset management.
“We need to take care not to let buying opportunities slip by” due to fears of investment risks, he said.
Japan Post Bank, the banking unit of Japan Post Holdings Co., plans to diversify investment targets to boost returns amid very low interest rates.
Japan Post Bank plans to start private equity investments by the end of March at the earliest and no later than June, he said.
Sago expressed a positive attitude to working with regional banks to establish regional revitalization funds. Japan Post Bank is in talks with regional lenders, but none of them is close to an agreement, he said.
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Japan Post Bank plans to start in-house investments in stocks in...
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